22-year-old college dropout Aaron Devitt backed by 23 heavyweight angels builds AI-native proptech.
MARC, a Dublin artificial intelligence start‑up founded by a 22‑year‑old college dropout, has begun securing institutional real estate clients across the United States and Canada as it expands a software platform that automates the management of property contracts and expenses.
The company was created in 2024 by Aaron Devitt, who left college after seeing how poor contract oversight affected both renters and asset managers.
“Our goal is to give property operators instant access to the contract data that affects asset values”
He set out to build a system that could act as a single source of truth for large landlords who often lack visibility over thousands of service agreements, licences and recurring charges.
Always be closing
“Our goal is to give property operators instant access to the contract data that affects asset values,” Devitt said. “Most teams cannot access that information quickly or reliably. Accounts payable systems and contract management systems are usually disconnected and that causes continuous overbilling at scale. It adds up to many millions of dollars for larger residential portfolios.”
MARC’s software deploys AI agents that plug into existing document stores, including email inboxes and SharePoint, to locate and read every vendor contract across an organisation.
The system extracts essential information such as renewal dates, termination rights and fee structures and then compares those terms against monthly invoices. Devitt said this reduces manual work that often takes months to a matter of seconds.
The business has expanded rapidly since launch. What began with Irish property managers handling about 40 units now includes institutional operators in more than 20 US states that each manage between 5,000 and 35,000 residential units. MARC’s customers represent more than 75 billion dollars in combined assets under management.
The company has raised $1m in pre‑seed funding from 23 angel investors with no venture capital participation.
Backers include Jack Pierse of Wayflyer, Susan Spence of SoftCo, Hostelworld co-founder Tom Kennedy and Eoghan Quigley of Dublin Chamber of Commerce, along with several real estate investors and US multifamily executives.
“Backing founders like Aaron is how we continue to build Ireland’s next generation of global technology companies,” Pierse said. “MARC is tackling a deeply entrenched problem in real estate with an AI native approach and the early traction in the United States speaks for itself.”
The company is headquartered in Dublin’s Dogpatch Labs and has tripled its team during a period in which revenue increased tenfold in four weeks. It is now hiring engineers as it focuses on product development and customer delivery for its growing North American client base.
MARC says it intends to become the connective layer that ensures every property portfolio is billed accurately and that all contract information remains updated without large volumes of manual review.
Top image: MARC founder Aaron Devitt
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